TVS Supply Chain Solutions Ltd. IPO

An India based multinational company, who pioneered the development of the supply chain solutions market in India. Company is promoted by TVS group and its services can be divided into two segments: (i) integrated supply chain solutions (“ISCS”); and (ii) network solutions (“NS”).

RHP
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DRHP
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Open Date

2023-08-10

Close Date

2023-08-14

IPO Details

Check out the issue details for TVS Supply Chain Solutions Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 197

Price Band

₹ 187 - 197

Issue Size

880 Cr.

Issue Type

Book Built

Open

2023-08-10

Close

2023-08-14

Listingprice

₹ 207.05

ListingGain

5.10%

Listing Date

2023-08-24

CMP

₹ 183.7

Current Return

-6.75%

Company Financials

You can get the following financial statements of TVS Supply Chain Solutions Ltd. as of now.

Subscription Details

The details about the TVS Supply Chain Solutions IPO is as:

  • The issue size of the IPO is 880 Cr.
  • The price band for TVS Supply Chain Solutions IPO is Rs 187 to Rs 197.
  • The shares of TVS Supply Chain Solutions IPO will list on 24th August 2023.
  • The latest tentative GMP of TVS Supply Chain Solutions IPO is Rs 15.
  • The shares of TVS Supply Chain Solutions is subscribed 2.85 Times as of 14th August 2023. 

 

TVS Supply Chain Solutions IPO Valuation

The approx valuation of TVS Supply Chain Solutions IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 197
Existing Shares (Qty) 40.69 Cr
Fresh Issue 600 Cr
Market Cap 8615.93 Cr
EPS (FY23) Rs 1.04
PE Ratio 189.42x
Industry PE 43.03x

 

TVS Supply Chain Solutions IPO Issue Size

TVS Supply Chain Solutions IPO issue size is 880 Cr. 

Issue Amount
Fresh Issue 600 Cr
Offer For Sale (Qty) 280 Cr

 

TVS Supply Chain Solutions IPO Market Lot

An Individual can apply for a minimum 1 lot of 76 shares and a maximum of 13 lots of 988 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 76 Rs 14,972
 Maximum 13 988 Rs 1,94,636

 

TVS Supply Chain Solutions IPO share offer

The shares of TVS Supply Chain Solutions is subscribed 2.85 Times as of 14th,14th August 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 1.37 Times
Non-Institutional Maximum 15% 2.44 Times
Retail Individual Maximum 10% 7.89 Times
Total   2.85 Times

 

TVS Supply Chain Solutions IPO Grey Market Premium

As on GMP (Tentative)
10 August 2023 Rs 30
11 August 2023 Rs 25
13 August 2023 Rs 25
14 August 2023 Rs 15

TVS Supply Chain Solutions GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for TVS Supply Chain Solutions Ltd IPO:

Schedule Date
Basis of Allotment 21 August 2023
Refunds 22 August 2023
Credit to Demat Account 23 August 2023
IPO Listing Date 24 August 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1425.46 1494 1241.96 1471.8 1818.56
Total Expenditure 1355.93 1444.88 1257.75 1396.09 1724.07
Operating Profit 69.53 49.13 -15.78 75.71 94.48
Other Income 83.78 125.29 102.53 89.22 159.88
Interest 38.03 76.88 60.7 51.14 68.84
Depreciation 116.49 119.26 115.48 136.45 186.36
Exceptional Items 0 0 0 -8.25 -10
Profit Before Tax -1.21 -21.73 -89.44 -30.91 -10.83
Provision for Tax -0.05 -5.89 -8.06 -9.69 18.43
Net Profit -1.16 -15.84 -81.38 -21.22 -29.26
Adjusted EPS (Rs.) 0 -0.05 -0.26 -0.06 -0.08

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 31.86 38.62 42.19 36.42 36.43
Total Reserves 621.47 786.94 721.74 1172.79 1163.85
Borrowings 27.85 1.66 2.08 10.94 36.69
Other N/C liabilities 130.24 156.14 164.1 142.14 222.07
Current liabilities 696.22 1189.52 913.13 1035.2 1599.27
Total Liabilities 1507.63 2172.88 1843.24 2397.49 3058.3
Assets
Net Block 384.43 444.27 440.34 464.47 594.27
Capital WIP 1.44 1.92 4.07 2.94 7.4
Intangible WIP 0 0 0 0 1.03
Investments 268.54 414.57 422.96 638.44 645.63
Loans & Advances 78.19 96 98.68 96.95 137.32
Other N/C Assets 56.23 18.08 54.6 39.1 29.95
Current Assets 718.81 1198.04 822.58 1155.58 1642.7
Total Assets 1507.63 2172.88 1843.24 2397.49 3058.3
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023
Other Income 48.11 42.13 64.26
Profit Before Tax 5.9 61.46 46.86
Tax 6.53 3.84 11.07
Profit After Tax -0.63 57.62 35.79
Adjusted EPS (Rs) -0.02 1.32 0.81

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 43.13 8.35
Dec 2023 43.17 7.77
Sep 2023 43.4 7.77
Mar 2021 33.64 0
Mar 2020 33.64 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -1.21 -21.73 -89.44 -30.91 -10.83
Adjustment 116.05 156.76 141.54 194.73 230.39
Changes in Assets & Liabilities 2.81 -129.93 119.34 -24.77 74.95
Tax Paid -19.65 -12.37 6.11 5.85 -28.45
Operating Cash Flow 98 -7.28 177.55 144.9 266.06
Investing Cash Flow -79.49 -541.38 367.66 -376.52 -434.89
Financing Cash Flow -57.73 550.32 -520.02 415.94 167.22
Net Cash Flow -39.22 1.66 25.19 184.33 -1.61
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